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How can i make a good amount of money on ebay/online ?!?

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Question by Greatness: How can i make a good amount of money on ebay/online ?!?
I love buying and selling sports memorabilia and im thinking about starting to buy and sell on ebay. Im looking for some tips and some information on how to maximize my effort into money. I’d also love to hear any other ways i can make a good amount of money online and please no stuff about taking surveys or anything.

Best answer:

Answer by scatterbrainedgenius
Ebay is a hard fraught place to sell anything really, even Hot Wheels cars is sometimes touch and go especially because almost everyone has them and they aren’t worth anything.

The best advice I can give is be very sure what you are willing to charge to start for the items in question, you get 5 free starter listings basically the charge no listing or insertion fees on the first 5 things.
If you happen to get weird one day and decide to change all your ads be advised they can charge you a great deal of money if you are not careful for all the Reserve and Buy It Now changes and if you re-list sometimes it will add another charge too.

I lost $ 120 in a matter of a month and only made a profit of like $ 100 out of the $ 270 worth of stuff I sold.

Overcharge for shipping by at least $ 5, make sure you set your start bid at or slightly above the actual market price of a similar item, and do not be tempted to go in for risky reserve or buy it now pricing, keep it as cheap and as simple as you can and try to limit the amount of edits. Read all the rules and be sure to have your Pay Pal and credit accounts set up in advance before you start selling, get verified too.

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Posted July 5th, 2013 in Tips For Making Money Online. Tagged: , , , .

5 comments:

  1. Gumption Brash:

    You can make money on ebay – but a good amount will be difficult. Sports memorabilia is also a tricky sell.

    My suggestion is to save up a decent amount of money then wholesale. Either tennis balls or footballs or some other high volume – cheap item that has a high demand.

    The reasons for doing this is because Ebay is unreliable. A bad rating can mess up your account. Somebody saying they havent received something will cost you. If you try to sell high-end items you will also get burned and the risk is too high.

    If you are serious about becoming a successful ebayer then wholesale is the way to go. – To be successful with this you must have a decent amount of capital in which to purchase a sufficient amount of stock to bring the price down so it is worth your bother. Once you have done that and received your stock, you can set up shop. You must post and package the cheapest way possible – dont seperate the bill to your item cost- you will find that these will sell better. Your posting and packaging costs should be the starting bid for your item.

    Guarantee customer satisfaction. So when someone says ‘I havent received what I ordered’ you refund his/her money immediately. Then deal with them no further – mark their names down and remember never to deal with them again. Ok might not be their fault, but for all you know the postman could be crooked. – But if you guarantee satisfaction it will keep your rating high.

    Paypal all the way – and never accept payment outside of their terms.

    Look for online wholesalers for your sporting needs. I only know ones for technology.

  2. YONG M:

    Try neobux

    All you have to do is

    1. register http://www.neobux.com/?u=p
    make sure you have hyunjkim as your referer..
    2. You click ads and every ad u click u get up to $ 0.01-$ 0.02 but there are about up to 10-20 ads. most of the time
    3. You buy referrels (bonus) to boost up your profit per click from $ 0.01-$ 0.02 to $ 1.00-$ 2.00.

    Try it..

  3. Dexter:

    There’s a lot of different ways to make money online. If all you want to do is sell your stuff just stick with ebay. If your trying to get a business going its kind of hard unless you know what you are doing. There are a lot of options out there. There’s a really useful site called http://www.pc-moneymachine.com, its not that fancy looking but it has a list of sites where you can make money online, it even has sites that show you how to use a cell-phone or your Iphone to make money.

  4. Shimon F:

    china is very cheap buy on ebay from china and sell it in your place

  5. Marla:

    There are so many I don’t even know where to begin. I make all of my income online . . . from being an eBay PowerSeller, writing content for other people’s websites, doing search engine optimization for other people’s websites, submitting articles to directories, creating my own information products, and selling other people’s products.

    There are tons of ways to make money online. The trick is to find something that you like and focus on it. You’ll eventually find your golden ticket if you’re dedicated enough. But just remember, there is no getting rich quick online for most of us. It does take work.


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